Major changes to fha loans

HUGE change to FHA refinances

Posted Leave a commentPosted in Buyer Tips and Advice, FHA Loans, Mortgage Knowledge

There is a HUGE change to FHA refinances coming this September 1st HUD released a statement on August 1st, 2019 detailing a huge change to FHA refinances effective with case numbers issued on or after September 1,2019. Up until now, FHA refinances have allowed homeowners to cash out up to 85% of their home’s value.  […]

2019 Loan Limits Southern California

2019 Loan Limits for Southern California

Posted Leave a commentPosted in FHA Loans, Loan Progams, Mortgage Knowledge, USDA loans, VA Loans

The 2019 Loan Limits for Southern California are now in effect. Conventional, FHA and VA loans all now new higher conforming and high balance loan limits for 2019. Let’s start by looking at the 2019 Loan Limits for conforming loans These limits apply to all conventional and FHA loans in all counties throughout the U.S. […]

Reverse Mortgages

Why Consider A Reverse Mortgage Loan?

Posted Leave a commentPosted in FHA Loans

Why? Because no matter what your needs may be, a reverse mortgage could be the solution. First, what is a reverse mortgage? A reverse mortgage is an FHA insured loan that allows eligible homeowners to “draw” from the equity either in a lump sum or on a monthly basis. I hope you found this quick […]

Door-to-homeownership

Your Past Doesn’t Have To Get In The Way of Your Future

Posted Leave a commentPosted in Buyer Tips and Advice, FHA Loans, Loan Progams, Mortgage Knowledge, USDA loans, VA Loans

Your past doesn’t have to get in the way of your future The financial challenges of the past don’t have get in the way of your future. If you had a bankruptcy, foreclosure or short sale in the last few years, you are not alone. There were OVER 7.7 million foreclosures between 2007 and 2016** […]

FHA Loans in San Diego

FHA Loans – The Good and The Bad

Posted Leave a commentPosted in FHA Loans, Mortgage Knowledge

FHA loans are a great tool to help homebuyers purchase or refinance a home. This week we will take a look at both the good and the bad of FHA Loans The Mortgage Minute is weekly informational series presented by Laura Borja, Your San Diego Home Loan Expert. What is an FHA loan? An FHA […]

2017 Loan Limits for San Diego county

The Mortgage Minute | 2017 Loan Limits for San Diego County

Posted Leave a commentPosted in Buyer Tips and Advice, FHA Loans, Loan Progams, Mortgage Knowledge, VA Loans

The Mortgage Minute | 2017 Loan Limits for San Diego County Did you know that loan limits vary by County? Welcome to this week’s The Mortgage Minute. This week we will be taking a look at the 2017 loan limits for conforming and high balance loans in San Diego County The Mortgage Minute is weekly […]